Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹90 Cr.
Stock P/E
11.3
P/B
1.6
Current Price
₹43
Book Value
₹ 27.5
Face Value
10
52W High
₹88
52W Low
₹ 41
Dividend Yield
0%

RESGEN Overview

Business

RESGEN Ltd., operating in the Environmental Services sector in India, is likely involved in providing solutions for environmental protection, resource management, and sustainability. This could encompass services such as waste management (collection, processing, recycling, disposal), wastewater treatment, air pollution control, hazardous waste management, renewable energy generation from waste (e.g., waste-to-energy, biomass energy), environmental consulting, and compliance services. The core business model would involve offering these services to municipal bodies, industrial clients, and commercial enterprises. Revenue generation typically comes from service contracts, project fees, sales of recovered resources, or power purchase agreements (if involved in waste-to-energy).

Revenue Mix

Without specific company data, it's not possible to detail RESGEN's exact revenue mix. However, typical segments for an environmental services company of this nature might include:

Solid Waste Management: Collection, transportation, processing (segregation, composting, recycling), and landfill management.

Wastewater Treatment: Design, build, operate, and maintain treatment plants for municipal and industrial effluent.

Resource Recovery/Renewable Energy: Projects focused on converting waste into energy (e.g., biomass, waste-to-energy plants) or recovering valuable materials.

Environmental Consulting & Compliance: Advisory services related to environmental impact assessments, regulatory compliance, and sustainability reporting.

Industry

The Environmental Services industry in India is experiencing robust growth, driven by increasing urbanization, industrialization, stricter environmental regulations, and greater public awareness. It is a fragmented industry with several players, ranging from large integrated companies to specialized niche providers. Government initiatives (like Swachh Bharat Abhiyan, National Clean Air Programme, and various water pollution control schemes) are significant market drivers, often leading to large public-private partnership (PPP) projects. RESGEN's positioning would depend on its scale, technological capabilities, geographical reach, and specific service offerings. It likely competes for municipal contracts and industrial projects against domestic and potentially some international players.

MOAT

Without specific details, potential competitive advantages for RESGEN could include:

Regulatory Expertise: Deep understanding and successful navigation of complex Indian environmental regulations and compliance standards.

Operational Scale & Efficiency: Ability to handle large-scale projects with cost-effective operations, particularly in areas like waste collection or treatment plant operations.

Specialized Technology: Proprietary or access to advanced technologies in waste processing, resource recovery, or pollution control.

Long-term Contracts: Secure, multi-year contracts with municipal bodies or large industrial clients, providing stable revenue streams.

Geographical Concentration/Local Presence: Strong relationships and operational networks in specific regions, making it difficult for competitors to enter.

Growth Drivers

Increasing Regulatory Push: Stricter environmental laws and enforcement by government bodies (CPCB, SPCB) mandate better waste and pollution management.

Urbanization & Industrial Growth: Rapid growth in cities and industries leads to a significant increase in waste generation (solid, liquid, hazardous).

Government Initiatives & Funding: Schemes like Swachh Bharat Mission, Jal Jeevan Mission, and smart city projects provide substantial opportunities for environmental infrastructure development.

Corporate ESG Focus: Growing emphasis on Environmental, Social, and Governance (ESG) criteria by corporations drives demand for sustainable environmental solutions.

Technology Adoption: Innovations in waste-to-energy, recycling, and water treatment technologies improve efficiency and create new service lines.

Risks

Regulatory & Policy Changes: Sudden changes in environmental policies, tariffs, or government priorities can impact project viability and revenue.

High Capital Expenditure: Many environmental projects (e.g., waste-to-energy plants, treatment facilities) require significant upfront investment, leading to funding and debt servicing risks.

Execution & Operational Risks: Challenges in project execution, technology integration, timely completion, and operational efficiency can lead to cost overruns and delays.

Public Opposition (NIMBY): Projects like landfills or waste-to-energy plants often face local public resistance due to environmental and health concerns.

Payment Delays: Dependence on municipal or government contracts can sometimes lead to payment delays, impacting liquidity.

Technology Obsolescence: Rapid advancements in environmental technologies may render existing solutions less competitive or obsolete.

Management & Ownership

Without specific information, it's not possible to detail RESGEN Ltd.'s promoters, management quality, or precise ownership structure. Typically, Indian companies have a promoter-led management team. In the environmental services sector, success often depends on experienced management with strong engineering, project management, and regulatory compliance expertise, coupled with robust financial management capabilities to handle large-scale projects. The ownership structure would likely involve the promoter group holding a significant stake, with the remaining shares possibly held by institutional investors, HNIs, and the public.

Outlook

RESGEN Ltd. operates in a sector with significant tailwinds in India, driven by increasing waste generation, escalating pollution concerns, and strong governmental and societal pressure for environmental protection. This creates a substantial addressable market and sustained demand for its services. The company stands to benefit from ongoing urbanization, industrial growth, and the push for a circular economy. However, the sector is also capital-intensive and subject to complex regulatory frameworks, execution risks, and potential public resistance to projects. The company's future success will depend heavily on its ability to secure large, profitable contracts, maintain operational efficiency, effectively deploy capital, and navigate the evolving regulatory landscape while managing stakeholder expectations.

RESGEN Share Price

Live · BSE · Inception: 2018
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

RESGEN Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

RESGEN Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 5 24 46 65
Other Income 0 0 0 0 0 0
Total Income 0 0 5 24 46 65
Total Expenditure 0 0 3 13 30 50
Operating Profit -0 0 2 10 15 15
Interest 0 0 0 1 1 1
Depreciation 0 0 1 3 5 4
Exceptional Income / Expenses 0 0 0 -0 -0 0
Profit Before Tax -0 0 1 6 9 11
Provision for Tax 0 0 0 2 3 3
Profit After Tax -0 0 1 4 7 8
Adjustments 0 0 0 0 0 0
Profit After Adjustments -0 0 1 4 7 8
Adjusted Earnings Per Share -0.3 0 1 2 3.1 3.8

RESGEN Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 1 4 43 50 58
Minority's Interest 0 0 0 0 0 0
Borrowings 0 7 6 8 5 3
Other Non-Current Liabilities 0 0 0 0 -0 -1
Total Current Liabilities 0 3 4 16 12 10
Total Liabilities 2 11 14 67 66 70
Fixed Assets 0 0 9 15 19 17
Other Non-Current Assets 0 11 1 14 6 5
Total Current Assets 2 0 4 39 40 47
Total Assets 2 11 14 67 66 70

RESGEN Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0
Cash Flow from Operating Activities -2 2 -1 -14 5 7
Cash Flow from Investing Activities 0 -11 0 -22 -1 -1
Cash Flow from Financing Activities 2 9 1 36 -4 -5
Net Cash Inflow / Outflow -0 0 -0 0 -0 2
Closing Cash & Cash Equivalent 0 0 0 0 0 2

RESGEN Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.28 0.01 0.98 1.99 3.13 3.8
CEPS(Rs) -0.28 0.01 1.85 3.4 5.48 5.51
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 2.52 2.48 4.8 20.52 23.65 27.46
Core EBITDA Margin(%) 0 33 41.86 43.69 33.56 23.69
EBIT Margin(%) 0 33 28.06 30.97 22.66 18.21
Pre Tax Margin(%) 0 31.5 21.7 24.83 20.17 17.09
PAT Margin (%) 0 31.5 15.76 17.68 14.44 12.24
Cash Profit Margin (%) 0 31.5 29.56 30.22 25.26 17.73
ROA(%) -9.36 0.1 6.11 10.28 9.88 11.77
ROE(%) -11.13 0.47 30.09 17.84 14.18 14.88
ROCE(%) -9.46 0.11 11.38 21.61 18.27 19.69
Receivable days 0 430.7 107.28 146.47 109.01 86.4
Inventory Days 0 0 46.07 82.58 138.96 135.78
Payable days 0 0 1.25 150.2 88.86 25.66
PER(x) 0 0 0 26.56 23.11 21.28
Price/Book(x) 0 0 0 2.57 3.06 2.95
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0 541.15 2.4 5.18 3.53 2.65
EV/Core EBITDA(x) -11.74 1639.83 5.72 11.86 10.45 11.18
Net Sales Growth(%) 0 0 0 390.48 92.94 43.2
EBIT Growth(%) 0 104.36 0 441.42 41.16 15.07
PAT Growth(%) 0 104.16 0 450.22 57.56 21.41
EPS Growth(%) 0 104.16 8346 101.99 57.56 21.41
Debt/Equity(x) 0.18 6.98 2.52 0.27 0.17 0.08
Current Ratio(x) 6.27 0.04 0.88 2.44 3.48 4.61
Quick Ratio(x) 6.27 0.04 0.73 1.81 1.37 2.29
Interest Cover(x) 0 22 4.41 5.04 9.11 16.28
Total Debt/Mcap(x) 0 0 0 0.1 0.06 0.03

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +41% +135% — —
Operating Profit CAGR 0% +96% — —
PAT CAGR +14% +100% — —
Share Price CAGR -50% -14% — —
ROE Average +15% +16% +15% +11%
ROCE Average +20% +20% +14% +10%

RESGEN Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 66.98 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 33.02 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 67.1966.9466.0566.0566.5266.5266.866.866.9866.98
FII 0000000000
DII 000.020.020.020.020.020.0200
Public 32.8133.0633.9333.9333.4633.4633.1833.1833.0233.02
Others 0000000000
Total 100100100100100100100100100100

RESGEN Peer Comparison

Environmental Services Edit Columns

RESGEN Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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RESGEN Pros & Cons

Pros

  • Debtor days have improved from 88.86 to 25.66days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
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